Tata Consultancy Services SAP Selects TCS for 5-Year IT Transformation Deal

Tata Consultancy Services (TCS) and SAP have entered into a 5-year agreement where TCS will spearhead SAP’s Cloud and Generative AI transformation. The goal is to streamline SAP’s IT landscape, bolster its AI capabilities, and drive greater efficiency. The partnership, building on a 20-year collaboration, aims for quicker development cycles and lower operational costs.

Strategic Partnership for IT Transformation

Tata Consultancy Services (TCS) has been selected by SAP to lead its enterprise-wide Cloud and Generative AI transformation. The 5-year deal aims to accelerate SAP’s transition through Cloud adoption and Business AI enablement, enhancing speed and efficiency.

Key Objectives of the Collaboration

The collaboration between TCS and SAP focuses on streamlining SAP’s complex IT landscape. The objective is to enable seamless IT operations, strengthen AI-led capabilities, accelerate development cycles, lower the total cost of ownership, and align IT strategies with overall business goals. This initiative builds upon a 20-year partnership where TCS has contributed to transforming SAP’s business model towards pay-per-use Cloud services.

Focus Areas and Centers of Excellence

TCS will focus on reshaping SAP’s IT business function to accelerate innovation and improve responsiveness to business needs. The engagement will establish four strategic Centers of Excellence (CoE):

  • Generative AI: Driving innovation by embedding GenAI capabilities within SAP business processes.
  • Business Technology Platform: Enabling faster development of next-generation features through low-code and no-code solutions.
  • Business Data Cloud: Creating a uniform data architecture for productizing enterprise data.
  • Customer Experience: Identifying modern strategies to evaluate customer experience across the value chain.

Executive Commentary

Dr. Benjamin Blau, Chief Process & Information Officer, SAP, stated, “TCS and SAP partnership is built on trust and excellence… Together, we are simplifying our customer journeys and accelerating cloud adoption.”

V Rajanna, President, Technology, Software and Services, TCS, noted, “This collaboration shall leverage the transformative potential of AI and cloud to unlock new revenue streams, accelerate business growth, and deliver differentiated experiences for enterprise and their customers globally.”

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!